If you do some quick figures,
5MMCF/D / 0.75%
375MCF/D of Helium
So thats $375,000 a day just for the helium product; $2.625M in a week of the well operating. Thats if the price is at $1000 per MCF i'm just being conservative. (Price is in USD as well)
Obviously they will have to take the split out between GGE, 4 Corners and the 80/20 split between the Lisbon Plant plus overheads. It is a good start to then start building more wells, hoping we do get favourable result they can then build the pipeline in 6 months.
It still seems that we can get the last 7.5% of the Red Helium project by doing the 3rd well.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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